REG - Polypipe Grp PLC Standard Life Aberdn - Holding(s) in Company

AberdeenAnnouncement

11/03/2021 15:20

RNS Number : 0019S
  
Polypipe Group PLC
  
11 March 2021
  
 

TR-1: Standard form for notification of major holdings
 




NOTIFICATION OF MAJOR HOLDINGS 




 




1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: 


Polypipe Group plc




1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)




Non-UK issuer


 




2. Reason for the notification (please mark the appropriate box or boxes with an "X")




An acquisition or disposal of voting rights


X




An acquisition or disposal of financial instruments


 




An event changing the breakdown of voting rights


 




Other (please specify)iii:


 




3. Details of person subject to the notification obligationiv




Name


Aggregate of Standard Life Aberdeen plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios




City and country of registered office (if applicable)


Edinburgh, Scotland




4. Full name of shareholder(s) (if different from 3.)v




Name


 




City and country of registered office (if applicable)


 




5. Date on which the threshold was crossed or reachedvi:


10/03/2021




6. Date on which issuer notified (DD/MM/YYYY):


11/03/2021




7. Total positions of person(s) subject to the notification obligation




 


% of voting rights attached to shares (total of 8. A)


% of voting rights through financial instruments

(total of 8.B 1 + 8.B 2)


Total of both in % (8.A + 8.B)


Total number of voting rights held in issuervii




Resulting situation on the date on which threshold was crossed or reached


12.48


0.00


12.48


247,169,282




Position of previous notification (if 
applicable)


12.53


0.00


12.53


 



 
 
 
 
 
 
 



 




8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii




A: Voting rights attached to shares




Class/type of

shares
ISIN code (if possible)


Number of voting rightsix


% of voting rights




Direct
(DTR5.1)


Indirect
 (DTR5.2.1)


Direct
(DTR5.1)


Indirect
(DTR5.2.1)




GB00BKRC5K31


N/A


30,843,967


N/A


12.48




 


 


 


 


 




SUBTOTAL 8. A


30,843,967


12.48




 
 




B 1: Financial Instruments according to DTR5.3.1R (1) (a)




Type of financial instrument


Expiration

datex


Exercise/

Conversion Periodxi


Number of voting rights that may be acquired if the instrument is 
exercised/converted.


% of voting rights




 


 


 


 


 




 


 


 


 


 




 


 


 


 


 




 


 


SUBTOTAL 8. B 1


 


 




 
 




B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)




Type of financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash 
settlementxii


Number of voting rights 


% of voting rights




 


 


 


 


 


 




 


 


 


 


 


 




 


 


 


 


 


 




 


 


 


SUBTOTAL 8.B.2


 


 




 
 
 



 
 
 
 
 
 
 
 
 
 



 




9. Information in relation to the person subject to the notification obligation (please mark the 
applicable box with an "X")




Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


 




Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)


X




Namexv


% of voting rights if it equals or is higher than the notifiable threshold


% of voting rights through financial instruments if it equals or is higher than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold




Standard Life Aberdeen plc


 


 


 




Standard Life Investments (Holdings) Limited


 


 


 




Ignis Asset Management Limited


 


 


 




Ignis Investment Services Limited


5.73


0.00


5.73




 


 


 


 




Standard Life Aberdeen plc


 


 


 




Standard Life Investments (Holdings) Limited


 


 


 




Standard Life Investments Limited


 


 


 




 


 


 


 




Standard Life Aberdeen plc


 


 


 




Aberdeen Asset Management PLC


 


 


 




Aberdeen Asset Managers Limited 


 


 


 




 


 


 


 




Standard Life Aberdeen plc


 


 


 




Aberdeen Asset Management PLC


 


 


 




Aberdeen Asset Investment Group Limited


 


 


 




Aberdeen Asset Investments Limited 


 


 


 




 


 


 


 



 
 
 
 
 



 
 




10. In case of proxy voting, please identify:




Name of the proxy holder


N/A




The number and % of voting rights held


N/A




The date until which the voting rights will be held


N/A




 




11. Additional informationxvi




 
In reference to Section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements where-by the client has delegated the exercise of the voting power to the referenced investment manager.
 
This disclosure is to reflect the fact that the voting rights effectively held indirectly by the underlying intermediate holding company Standard Life Investments (Holdings) Limited ("SLIHL") decreased below the 10% notifiable threshold due to trading on 10 March 2021. SLIHL now effectively holds the delegated voting rights to 9.99% of the shares in Polypipe Group plc. Prior to this crossing SLIHL effectively held 10.03% of the delegated voting rights.
 




 




Place of completion


Edinburgh, United Kingdom




Date of completion


11/03/2021




 
 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
HOLMZGMFKMZGMZM